Up-to-the-minute advice, information, resources, and, on occasion, commentary on federal and New Jersey state income taxes, and the various New Jersey property tax rebate programs, and insights and observations on tax policy and professional tax practice, by 40-year veteran tax professional Robert D Flach.

Wednesday, June 29, 2016

A friend and client whose car recently
“died” told me he may donate it to charity for a tax deduction.So I thought I would review the rules for
donating a car.

I have seen a lot of ads that entice
you to donate your car to a charity and get a tax deduction - but you should be aware . . .

First, you will get no tax benefit from donating
your personal automobile to charity unless you can itemize on Schedule A! This
means the total of your “itemizeable” deductions exceeds your applicable Standard
Deduction amount.While the donation
itself can put you over the top and cause you to be able to itemize, to get the
maximum tax benefit you must be able to itemize without the car donation.

Years ago a client expressed true joy
when telling me she donated her car to charity, and she expected to get a big
tax deduction.Her tax benefit from the
deduction was zero, nothing, nada.She
was not able to itemize, and had not in the past, and even with the addition of
the value of the car she was still not able to itemize.

FYI – you may want to itemize if your total
deductions do not exceed your applicable Standard Deduction amount if you are a
victim of the dreaded Alternative Minimum Tax (AMT).The Standard Deduction is not allowed in
calculating AMT, but an itemized deduction for charitable contributions is.

Second, the amount you receive “in your
pocket” will be only a small percentage of the car’s value. The amount of cash you will realize depends
on your federal and, if your state allows a similar tax deduction (New Jersey
does not), state tax bracket. If the allowable deduction is $1,000.00 a New
Jersey resident may only realize $150.00 or $250.00 “in pocket”.

And third, you have to wait to file your tax
return to get the money. If you donate a car to charity today you will not see
the cash until at least next February.

When you donate a vehicle (car,
motorcycle, boat, or airplane) to a church or charity the amount you can deduct
depends on what the organization does with the donated vehicle.

(1) If the organization sells the
vehicle without significant interim use or material improvement your tax
deduction is limited to the gross proceeds from the sale.

(2) If the organization intends to
temporarily or permanently use the vehicle in its operations, or make
"material" improvements to the vehicle before selling it, or sell the
car to a "needy" individual at a price that is significantly below
market value, or give the car to such an individual, you can deduct the
"fair market value" of the vehicle.

You can use the "private party
value" for the vehicle, adjusted for mileage and condition, as listed in
the Kelly Blue Book (www.kbb.com) or a similar established used vehicle pricing
guide. If the fair market value of the vehicle is more than
$5,000.00 you must obtain a formal appraisal.

To claim a deduction of more than
$500.00 for donating a motor vehicle to charity you must include Copy B of the
IRS Form 1098-C, provided by the charity, with the filing of your Form 1040.

The Form 1098-C will include the name
and Taxpayer Identification Number of the donee organization, the vehicle
identification number, the date of contribution, and information on what the
charity did with the vehicle.Form
1098-C must be issued within 30 days of either the date of the contribution or
the date of the disposition of the vehicle by the donee organization.The charity can give you a statement in lieu
of Form 1098-C as long as it contains all the necessary information discussed
above.

·Consolidates the current
seven tax brackets into three, with rates of 12 percent, 25 percent, and 33
percent (see table at TAX FOUNDATION).

·Provides a 50 percent
exclusion of capital gains, dividends, and interest income. This is equivalent
to taxing capital gains, dividends, and interest income at half the rate of
ordinary income: with three brackets of 6 percent, 12.5 percent, and 16.5
percent.

·Increases the standard
deduction from $6,300 to $12,000 for singles, from $12,600 to $24,000 for
married couples filing jointly, and from $9,300 to $18,000 for heads of
household.

·Eliminates the personal
exemption.

·Creates a $500
non-refundable credit for dependents who are not children.

·Increases the child tax
credit to $1,500 per child, the first $1,000 of which is refundable, as under
current law.

·Raises the phaseout
threshold for the child tax credit for married households from $110,000 to
$150,000.

·Taxes income derived from
pass-through businesses at a maximum rate of 25 percent.

·Allows the cost of capital
investment to be fully and immediately deductible.

The
proposal also eliminates the dreaded Alternative Minimum Tax (AMT) and the
Estate Tax and keeps intact the Earned Income Credit.

The text
of the plan explains (highlights are mine) –

“This Blueprint will simplify the current array of tax benefits for
families looking to make education more affordable for their children. The
Committee on Ways and Means will work to simplify
and consolidate the current-law provisions to provide a more effective and
efficient package of higher education tax benefits that will cover both college
and vocational training programs, including a savings incentive, such as 529
plans, and tax relief targeted at helping low- and middle-income families with
the costs of higher education, such as the American Opportunity Tax Credit.”

And -

“The Committee on Ways and Means will explore the creation of more general savings vehicles, using as a model the
retirement accounts that have proven so successful. . . . This Blueprint will
continue the current tax incentives for savings. The Committee on Ways and
Means will work to consolidate and
reform the multiple different retirement savings provisions in the current
tax code to provide effective and efficient incentives for savings and
investment.”

So the plan wants to
consolidate the many current tax benefits for education and retirement savings,
and is considering the idea of an IRA-like “Universal Savings Account”.

Concerning the surviving
mortgage interest deduction –

“The Committee on Ways and Means will evaluate options for making the
current-law mortgage provision a more effective and efficient incentive for
helping families achieve the dream of homeownership.”

But (again, highlight is mine) –

“ . . .no existing mortgage will be affected by any changes in the tax
code.Similarly, no changes will affect
re-financings of existing mortgages”.

My thoughts –

(1) I obviously applaud the
overall theme of simplifying the Tax Code.

(2) I like the ideas of a
smaller number of tax brackets, an increased Standard Deduction/Personal
Exemption combo, the return of the 50% capital gain deduction and its
application to dividends and interest, a consolidating of the various
retirement plans, the Universal Savings Account, and certainly the end of the
dreaded Alternative Minimum Tax.I do
not oppose the elimination of the Estate Tax, as long as we keep the “stepped-up
basis” rules.I also like the
elimination of the various Obamacare tax surtaxes and penalties, not specific
to this blueprint but included in a previous “installment” of the Republican “Better
Way” agenda.

(3) I could support the
increased Child Tax Credit (CTC) and the lower non-child dependent credit as a
replacement to the Personal Exemption for dependents, but oppose any AGI-based
phase out of the CTC.

(4) I am
not totally on board with the elimination of Itemized Deductions for state and
local taxes (income, sales, and real estate), investment interest, and
investment and job-related Miscellaneous Expenses.And what about the itemized deduction for
gambling losses?Will net, and not
gross, gambling income now be taxed on Page 1 of the Form 1040?

(5) I
like that the deductions for Charitable Contributions and Mortgage Interest are
maintained.But I would limit the
mortgage interest deduction to acquisition (including home improvements) debt
on the taxpayer’s principal personal residence only – eliminating the deduction
for home equity interest and interest on a second personal residence.

(6) I
continue to oppose the use of the Tax Code to distribute federal welfare and
social benefit programs like the Earned Income Credit, the refundable Child Tax
Credit, and the education tax benefits.The benefits themselves should not be eliminated – they just should not
be delivered via the 1040.

(7) I also continue to have
concerns about a “post-card” tax return, but it might be less objectionable
with a much simpler Tax Code.

(8) I also have concerns
about the reduced top tax rate on pass-through business income from
partnerships and sub-S corporations.The
pass-through of business income to general partners is basically the equivalent
of Schedule C income and should be taxed as Schedule C income is taxed.The pass-through of all income to limited
partners and the pass-thru of sub-S corporation income to shareholders are
basically dividends and should be taxed as dividends are taxed.

(9) I believe that
corporations should be taxed on net book income, without any special
industry-specific tax benefits, and that there should be a “dividends-paid” tax
deduction.I also still support the
elimination of the depreciation deduction on real property
(buildings) for all business activities (including rental).I could support an expanded “Section 179”
deduction.

I clearly support the
Republican Party, and strongly oppose the Democratic Party, take on tax reform,
as well as the recently announced Republican idea for replacing Obamacare.I tend to support the Republican Party’s
domestic plans, except for the religious-right influenced anti-abortion and same-sex
marriage ban policies, and the Democratic Party’s world view and foreign
policy.

So – what do you think of
the Republican’s “blueprint for tax return”?

Reality television shows (I do not include
talent competitions or home improvement shows in this category) are steaming
piles of excrement and actually dangerous to society.The “stars” are all idiots, and many are tax
cheats, and the great unwashed masses are fools for bestowing any kind of
“celebrity” on these idiots.

“Under Obamacare, there have been a number of
new taxes on health providers, taxpayers, and businesses, including the 0.9%
payroll tax on wages and self-employment income; the 3.8% tax on dividends,
capital gains, and other investment income for high-income taxpayers (the
NIIT); the so-called “Cadillac tax” on high-cost plans; shared responsibility
payment (penalty); employer-related mandate; medical devise excise tax; and the
10% adjusted gross income (AGI) floor on the medical expense deduction. Under Ryan’s proposal, House Republicans
would repeal all of those taxes.”

* The July 2016 issue of my free monthly
online newsletter ROBERT D FLACH’S THE 1040 LETTER is now available to
download!I discuss the mortgage
interest deduction, education tax benefits, and urban tax myths.Click here.

* I had referenced the “NUA” in an earlier
BUZZ installment.Beverly DeVeny lists
“11 NUA Don’t’s” at the SLOTT REPORT.

* Kay Bell celebrates the 1st
anniversary of the Supreme Court decision in Obergefell v. Hodges, which declared
same-sex marriage legal throughout the United States, with “Same-sex marriage tax and estate planning tips” at her BANKRATE.COM blog.

* Click here for books and publications of tax
planning and preparation advice, information, and resources for the average
middle class taxpayer.

* Some advice for
online gamblers from David Luczaka, a member of my Facebook group “Tax Pro
Forum” (highlight is mine) -

“If you gamble online at one of the many
poker or slot sites remember that you
are in fact establishing a foreign financial account since NONE of the on
line gambling site is located within the US. Should you be fortunate enough to
have winning in excess of $10K you are required to file FINCEN114, and possible
IRS Form 8938. Many people do not realize that gambling on line may trigger the
need for these forms and the fines for non-compliance can be hefty.”

I keep talking about Tronald Dump because I
very strongly believe that all Americans who care anything about freedom,
democracy, civil rights, the economy, and the future of the country and the
world have an obligation to publicly denounce and aggressively oppose Donald
Trump and his campaign for the Presidency.

Attention
Republicans - just read this editorial from the conservative magazine THE
NATIONAL REVIEW, aka "America's most
widely read and influential magazine and web site for conservative news,
commentary, and opinion" – “This Election Is Not an A/B Test”.

“Donald
Trump is unfit for the office.

He is unfit for any
office, morally and intellectually.

A man who could
suggest, simply because it is convenient, that his opponent’s father had
something to do with the assassination of President Kennedy is unfit for any
position of public responsibility.

His long litany of
lies — which include fabrications about everything from his wealth to
self-funding his campaign — is disqualifying.

His low character
is disqualifying.

His personal
history is disqualifying.

His complete,
utter, total, and lifelong lack of honor is disqualifying.

The fact that he is
going to have to take time out of the convention to appear in court to hear a
pretty convincing fraud case against him is disqualifying.

His time on Jeffrey
Epstein’s Pedophile Island, after which he boasted about sharing a taste with
Epstein for women ‘on the younger side’, is disqualifying.

The fact that he
knows less about our constitutional order than does a not-especially-bright
Rappahannock River oyster is disqualifying.”

“Donald
Trump must be the biggest liar in the history of American politics, and that's
saying something.

Trump lies the way
other people breathe.”

And –

“Trump's
lies also present a challenge for voters. The normal assumption is that
politicians will bend the truth to fit their ideology — not that they will
invent fake ‘truth’ out of whole cloth. Trump is not just an unorthodox
candidate. He is an inveterate liar — maybe pathological, maybe purposeful. He
doesn't distort facts, he makes them up.”

It still remains impossible for me to
conceive how anyone with any intelligence can vote for this fool.

Friday, June 24, 2016

Despite
what the title of the remake of the James Bond movie THUNDERBALL suggests,
sometimes it is ok to say “never”.

Here
are three times –

NEVER ignore a balance
due notice or a request for information from the Internal Revenue Service or a
state tax agency.The problem will not
just go away on its own.What may
eventually go away is your salary or your home.

But,
on the other hand, NEVERassume a balance
due notice from the Internal Revenue Service or a state tax agency is correct
and just pay it.More often than not – in my experience 2/3 to 3/4 of the time – a
balance due notice from the IRS or a state tax agency is wrong.

If
you receive a balance due notice or a request for information from the IRS give it to your tax preparer ASAP.If you “self-prepared” the return in question
(in which case the chance that the notice may be at least partially correct
increases – especially if you relied on a “box” to prepare the return) review
it carefully.In such a case I suggest that
you consult a competent tax professional before making any payment.

A
client had received a balance due notice from the NJ Division of Taxation,
which was wrong, during the year and just sent NJ a check.I only learned about it during the tax filing
season, and, after the season was over, have been attempting to get the money
back from NJ.Believe me - it is a lot easier to explain to the IRS or
the state their error upfront than it is to get money back from the IRS or a
state agency many months after paying the erroneous balance due.

And
if you receive a balance due notice from the IRS or a state tax agency,
whatever you do DO NOT call your tax pro
and tell him or her “you made a mistake”.The third never – NEVER, NEVER, NEVER assume that
receiving a notice from the IRS or a state tax agency means your tax preparer
made an error.As I have said above,
it is more likely that the IRS or the
state tax agency made the error.

Tuesday, June 21, 2016

You are paying too much New Jersey
state income tax – and it’s nobody’s fault but your own!

Most NJ taxpayers concentrate on
their federal tax return and spend minimal time on their NJ return, simply
taking numbers from the 1040 and putting them on the NJ-1040.As a result they are paying more NJ state tax
than necessary, often paying tax on income that is not even taxed by NJ.

By becoming informed on NJ state tax
law and using proper tax planning you can make sure that you pay the absolute least amount of NJ Gross
Income Tax possible for your particular situation.

I have been preparing NJ-1040s for
as long as there has been a NJ-1040, and federal income tax returns for even
longer.I have created a new newsletter
titled THE NJ-1040 LETTER to share my knowledge and experience from over 40
years as a professional tax preparer to help you experience the joy of avoiding
NJ state taxes.

Published 6 times a year (January,
February, March, April, July, and October), each issue will contain valuable NJ
state tax-saving advice and information, updates on NJ state tax law, NJDOT
rules and regulations, court cases, and the special NJ property tax relief
programs, and links to online resources to help you in planning for an
preparing your NJ-1040.Also included in
each issue will be special forms, schedules, and worksheets to help you during
the year and at tax time.

This is the only publication that I
am aware of that deals exclusively with tax planning and preparation advice for
the NJ-1040.

A one-year subscription to THE
NJ-1040 LETTER delivered as a pdf email attachment is only $11.95.A print edition sent via postal mail is also
available for $24.95.

Subscribers will be offered special
discounts on other tax-saving reports throughout the year.

You can download a free copy of the
premiere July 2016 issue by clicking here.

To order your subscription send your
check or money order, payable to TAXES AND ACCOUNTING, INC, for $11.95 or
$24.95 and your email or postal address to –

Monday, June 20, 2016

Arguing
with dangerous buffoon Donald Trump is like debating a monkey.No matter how researched or rational your
argument is, the monkey will just throw poop at everyone and strut about like
it won.

* I have created a unique newsletter of tax
planning and preparation advice, strategies, information, and resources for the
New Jersey state taxpayers titled THE NJ-1040 LETTER.It is, I believe, the only publication
devoted exclusively to NJ state income taxes.Click on the title for a free copy of the premiere issue, and let me
know what you think of it.

The problem with this case, and, I believe,
the main reason the taxpayer lost, was the fact that he appeared “pro se” - "on
one's own behalf" – representing himself and therefore proving himself to
be the proverbial fool.As much as I
dislike, for the most part, the legal profession, the taxpayer would probably
have won if he had been competently represented, which it appears Leslie
suggests in the post.

Of course, if you read the facts of the
case, there would have been no double taxation if the taxpayer had properly
deducted as a refund the monies he gave back to the original payer in the year
he did so.But, considering the inherent
cheapness that his representing himself in court betrays, I wonder if he was
similarly penny wise and pound foolish by not paying a competent tax
professional to prepare his tax returns.

“The City of Philadelphia has reduced the
City Wage Tax rate effective July 1, 2016.

• The new Wage Tax rate for residents of Philadelphia
is 3.9004% (.039004).

• The new Wage Tax rate for non-residentsof Philadelphia who are subject to the
Philadelphia City Wage Tax is3.4741 %
(.034741).

What does this mean to you?

Any paycheck that you issue with a pay date after June
30, 2016 must have Philadelphia City Wage Tax withheld at the new rate.”

THE FINAL WORD

Right on, Conan O’Brien!

“These
are weapons of war and they have no place in civilian life.”

People need to understand that the 2nd
Amendment has absolutely nothing to do with a person’s “God-given” civil right
to own an assault rifle.The 2nd
Amendment was passed because many of the Founding Fathers were concerned about
the potential dangers of a peacetime standing federal army, which the
Constitution gave the Congress the power to "raise and support”.They wanted to secure and protect the
individual state militias.Guaranteeing
the right of the people to keep and bear arms was as a check on the standing
army.

As I tweeted last week – damn the NRA and
the gun lobby!

When are the idiots in Congress, and state
legislatures, going to do something about this other than pray?

To echo the sentiments of another tweet
from last week – I pray for a new Congress.

Tuesday, June 14, 2016

(1) One of the reasons I am called
the “Wandering” Tax Pro is because once the tax filing season ends I enjoy
travel via all methods – car, bus, plane, ship and train (not necessarily in
that order).

Over the past 30+ years my annual
travel itinerary has often included several totally tax-deductible domestic
vacations to attend tax-related conferences, conventions, and other CPE
offerings.

You can deduct expenses that are
“ordinary and necessary” for your business. An “ordinary” expense is one that
is common and accepted in your specific trade or profession and a “necessary”
expense is one that is helpful and appropriate.

One “ordinary and necessary”
business expense for which you can claim a tax deduction is the cost of
education that is (1) expressly required by an employer, by law, or by
government regulation, or (2) maintains or improves skills required in your
current trade or business. If a conference or convention falls under this
category the associated registration and travel expenses are deductible.

I have written a special report -
POSITIVELY TAXES: A TAX DEDUCTIBLE VACATION - that explains in detail how to
make your next vacation tax deductible by attending a job or business related
conference or convention, and includes worksheets to help you keep track of
your deductible expenses.

(2) It has always been important for
frequent gamblers to keep detailed “contemporaneous” records of gambling
activity to minimize the tax cost of winnings, but recent developments have
made this even more vital.

Gross gambling winnings must be
reported as “other income” on Line 21 of your Form 1040.Gambling losses, to the extent of reported
winnings, are allowed as a “Miscellaneous” Itemized Deduction. If you report gambling winnings of $10,000 on
Line 21 of your Form 1040 the most you can deduct as gambling losses on
Schedule A is $10,000.Allowable
gambling losses are deducted in full, and are not subject to the 2% of AGI
exclusion.

Losses from any type of wagering
transaction can be deducted against your reported gross gambling winnings. If
you win in the slots your deduction is not limited to losses from slot
machines. You can deduct losses from the lottery, 50-50s, bingo, table games
such as poker and blackjack, charity raffles, horse racing, keno, etc., up to
the amount of your total winnings.

I have also written a special report
– POSITIVELY TAXES: MINIMIZING REPORTED GAMBLING WINNINGS - that explains the
basics of how gambling activity is taxed describes in detail how recent Tax
Court case decisions allow you to reduce the amount of gambling winnings you
must report, and reduce the tax cost of your gambling activity to a minimum,
via proper documentation of your casino visit wins and losses.It also contains valuable worksheets.

(3) For years now I have been
telling clients and readers that it is your “Adjusted Gross Income”, or AGI,
and not your net taxable income that is the most important number on your tax
return.

Why is AGI so important?Many tax deductions and credits are reduced,
phased-out, or altogether eliminated based on your AGI, or in some cases a
“Modified” AGI, and several items of income are increased, and some deductible
losses are reduced, as this number grows.

There are “above the line”
deductions and “below the line” deductions.Above the line deductions reduce your Adjusted Gross Income and your Net
Taxable Income.Below the line
deductions, which include the Standard Deduction, Personal Exemptions, and
itemized deductions, reduce Taxable Income, but not Adjusted Gross Income.

A below the line deduction of $1,000
will reduce your tax liability by the amount of your marginal tax rate.For a taxpayer in the 25% a below the line
deduction of $1,000 will reduce the tax liability by $250.But an above the line deduction of $1,000 can
reduce the tax liability by substantially more than $250.It is actually possible for a reduction of only
$5 in AGI to reduce your tax liability by $500 or more!

Guess what?I have written a special report – POSITIVELY
TAXES: REDUCING ADJUSTED GROSS INCOME – that discusses how to reduce your 2016
AGI during the year and when preparing your Form 1040 and minimize your tax
liability.In it I explain how a
reduction of $5 in AGI can reduce your tax liability by $500 or more.

The above referenced special reports
are the first 3 items in MY NEW DOLLAR STORE (a work in process) -and are available to you, as you might
expect, for only $1.00 each sent as
a pdf email attachment, or $2.00 each for a print edition sent via postal mail.

If you enjoy reading THE WANDERING
TAX PRO and have found it helpful to you over the years one way you can say
“thank you” is by purchasing one of the above POSITIVELY TAXES reports.

To order send your check or money
order, payable to TAXES AND ACCOUNTING, INC, for $1.00 or $2.00 for each report
you want and your email or postal address to –

MY NEW DOLLAR STORE

TAXES AND ACCOUNTING, INC

POST OFFICE BOX A

HAWLEY PA 18428

BTW – I also have more extensive and
detailed TAX DEDUCTION GUIDES available for $2.00 or $4.00 each.Click here for more information.

Monday, June 13, 2016

* Have you seen the premiere issue of my
new FREE monthly tax planning and preparation newsletter ROBERT D FLACH’S THE 1040 LETTER yet?What are you waiting
for?You are welcome to share it with
friends and family and colleagues, co-workers, and clients.

In
fact, you probably should, in the form of a 401(k) rollover. But making the
most of the money you’ve built up means performing the rollover correctly.
Here’s the four-step process for how to roll over a 401(k) to an IRA. As with any big decision, it’s always good
to know your options before you go all in, so let’s start there.”

While Paul discusses it from a farm
perspective his advice applies to all LLC activities.

Paul lists what a court would look at to
determine where liability exists if there is an accident, the first being –

“Does
the LLC have a bank account?If not, the
court will likely assume that there is no business since a business need a
checking account.”

Paul is correct when he concludes – “For me, the most fatal flaw is not having a
checking account”.It is vitally
important that you maintain a separate checking account for the LLC or any
self-employed business activity.

Years ago a fellow blogger condemned me for
giving bad advice when I said that every self-employed business activity must
have a separate banking account.Time,
and every other reputable blogger and business advisor as well as the courts,
have proven me to be right.

“The Internal Revenue Service (IRS) has
announced that the ‘Get Transcript’ tool is back online and it has a more
rigorous e-authentication process. The process, according to IRS, will
significantly increase protection against identity thieves impersonating
taxpayers to access tax return information through the website.”

“The
Franchise Tax Board, California’s income tax agency, apparently issued a
boatload of withholding mismatch notices. Some (but not all) of those notices
appear to be in error; additionally, the FTB’s phone and chat lines have been
swamped.”

Some good tax advice worth constant
repeating – NEVER assume a balance due
notice you receive from the IRS or a state tax agency is correct.If you receive correspondence from the IRS or
a state tax agency send it to your tax professional immediately.

“They
say there are five stages of grief: denial, anger, bargaining, depression, and
acceptance.

Establishment
Republicans went through all of them with regard to Donald Trump, and now have
come all the way back around to denial.

They're not in
denial that he will be their nominee, like they were last fall and winter.
They're in denial about who he is. They believe, if he is handed immense power,
he might turn into a reasonable person.

Here's a news flash
for anyone who is thinking this way: Donald Trump was an impetuous child
yesterday, he is one today, and he will be one tomorrow.”

And (highlight it mine) -

“Trump
loves arbitrary exercises of power. Given the power of the presidency, who is
to say he won't become even more unstable and dangerous? Why would anybody
assume that handing him massive power would make him more responsible rather
than less?

The only defensible
thing is to look at this man and say he cannot possibly be made president.
Anyone who supports him on the basis that he might change for the better is
engaging in pathetic self-deception — and proposing
to risk the country's entire future on a foolish bet.”

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AIN'T THAT THE TRUTH!

DONALD T RUMP HAS NOT DONE A SINGLE THING THAT IS "APPROPRIATE" OR "ACCEPTABLE" FOR A CANDIDATE OR A PRESIDENT SINCE THROWING HIS HAT INTO THE RING.EVERY SINGLE DAY TRUMP PROVIDES MORE PROOF THAT HE IS AN IGNORANT, SELF-ABSORBED, UNFIT, MENTALLY UNSTABLE IDIOT, AND A DEPLORABLE AND DESPICABLE HUMAN BEING.TRUMP MUST BE REMOVED FROM OFFICE FOR MENTAL INCOMPETENCE ASAP! PLEASE READ AND SHARE THIS - THE TRUTH ABOUT TRUMP'S MENTAL CONDITION

Donald T Rump has not done a single thing that anyone with intelligence would consider “appropriate” or “acceptable” for a President since deciding to run for office.

Every single day Trump provides more proof that he is an ignorant, self-absorbed, unfit, mentally unstable idiot, and a deplorable and despicable human being, who must be removed from office ASAP.

VERY IMPORTANT -

(1) Before contacting me with questions about how a blog post relates to your specific situation, please be aware that I do not give free tax advice to non-clients by e-mail, comment response, or phone. So don't waste your time and mine.

(2) I am winding down my tax practice, and I will not, under any circumstances, accept any new clients. Period. I am actually trying to "thin the herd".